Foreign Savings Institutions; Acquisitions by Out-Of-State Savings Institutions or Out-Of-State Savings Institution Holding Companies

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Article 5 of the Code of Virginia, titled “Foreign Savings Institutions; Acquisitions by Out-Of-State Savings Institutions or Out-Of-State Savings Institution Holding Companies.” It is part of Chapter 11 “Savings Institutions”, which is part of Subtitle II “Depository Institutions and Trust Organizations”, which is part of Title 6.2 “Financial Institutions and Services”. It contains 18 laws.

It’s comprised of the following 18 sections.

§ 6.2-1148	Definitions
§ 6.2-1149	Foreign savings institutions; certificate of authority
§ 6.2-1150	When operation of foreign savings institution in the Commonwealth is prohibited
§ 6.2-1151	Applicability of Virginia Stock and Nonstock Corporation Acts
§ 6.2-1152	Law applicable to contracts of foreign savings institutions
§ 6.2-1153	Examination and supervision of foreign savings institutions
§ 6.2-1154	Revocation of certificate of authority of foreign savings institution
§ 6.2-1155	Unapproved foreign savings institutions
§ 6.2-1156	Activities that are not considered "doing business."
§ 6.2-1157	Acquisitions by out-of-state savings institution holding company
§ 6.2-1158	Acquisitions by out-of-state savings institution
§ 6.2-1159	Investigation of application; prescribed investigation period; shortening, lengthening or waiving of period; hearing; appeals
§ 6.2-1160	Notice of intent to acquire out-of-state savings institution
§ 6.2-1161	Applicable laws and regulations; enforcement by Commission
§ 6.2-1162	Periodic reports; interstate agreements
§ 6.2-1163	Application of article to bank or bank holding company
§ 6.2-1164	Acquisitions of state savings bank or holding companies by out-of-state financial institutions
§ 6.2-1165	Nonseverability